...COMM 3201: Correspondence Package During the course of your career you will be asked to communicate with internal and external customers via letters, memos and e-mails. E-mail has increased the amount of messages most employees create. Very few positions offer an administrative assistant who is responsible for creating and /or editing messages. Most positions with administrative assistants are at the executive level. All employees with a computer will likely be expected to create and respond to correspondence with minimal or no supervision. By getting the message right the first time you will save your company time, money and frustration. Due Date: Weeks 9, 10, and 11 (See DC Connect Calendar for your due date) Value: 20% (5% for each submission) Submission Format: On time: Hardcopy, in class to professor Late: Assignment Dropbox in DC Connect (late voicemail will not be accepted) You will be taught to respond to various types of requests by writing letters, memos, e-mails and creating voicemail messages. A scenario will be given for each correspondence and time given in class to work individually while receiving professor feedback. Components of the correspondence package will be assigned separate due dates. Evaluation: Letters, memos, e-mails Appearance 1 2 Content 1 2 3 4 5 6 (Clear, concise, complete) Tone 1 2 3 4 (Appropriate for purpose, professional) Mechanics 0 1.5 3 (Spelling...
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...As the old saying goes “Only the strong survives,” seems to be true in this struggling economy, and this statement is true when referring to AT&T which is among the strongest company’s listed in the Fortune 500. AT&T’s success is garnered by a willingness to function well as an organization, and also by being leaders in innovation. For a company to be successful there has to be proper planning, organizing, leading, and controlling on their part, coupled by the awareness of internal, and external factors, and how they affect the company. According to "AT&T" (2012), "We're recognized as one of the leading worldwide providers of IP-based communications services to businesses. We also have the nation's largest 4G network – covering 275 million people, and 2,000 more 4G cities and towns than Verizon, and the largest international coverage of any U.S.” That statement alone says that AT&T has a well defined business plan, and economical external factors, such as their competition will not stand in their way. AT&T has not allowed internal factors like having to find qualified people for the jobs, and then training them affect their “bottom line,” and they understand that the quality of their employees affect their customer satisfaction, and customer satisfaction is key when dealing with a competitive market. One of the main components of the four function of management is leading. Leading in this sense is, stimulating the employees to achieve their goals and perform...
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...The definition of leadership is the time when a person holds the position of leader and the power or ability to lead other people. The most effective way to lead is to lead by example. The example you set will be the blueprint used by the members in your organization. An effective leader needs to be able to understand, motivate, and empower others. Having these three characteristics will almost guarantee the people surrounding you will be with you a long time. Good leadership qualities have leaded some into becoming fortune 500 CEO’s. While we all know stories of legendary CEOs who seem born to the role, most CEOs are not born, they are made. People who aspire to the role have to seize the opportunity and set a path: to manage their career choices and craft their experience to make them a likely CEO candidate...
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...Top Fortune 500 Company Apple Success #5 From computers, ipods, laptops, iphones, ipads and now apple watches, itunes for music and an icloud software system, Apple have virtually changed the way we communicate. Apple is known for its cutting edge lead in innovative technology. We have watched this brand beat all odds against its android competitors. From the very beginning Apple was designed to win. I am provided the analysis and sound facts first of how leading up this company climbed the latter of success to the number 5 spot of the Fortune 500. They are continue to soar in sells each year they release the next best technology to date. These multiple forms of communication shows the advancement from a processing screen to be able to create a masterpiece from your lap. The first Apple computer seems positively antique by today's standards. Hand-built by Apple co-founder Steve Wozniak in Steve Jobs' parents' garage and first introduced at the Home brew Computer Club in Palo Alto, Calif. In 1976, the Apple 1 was originally a do-it-yourself kit which didn't even come with a case. Even so, as the first all-in-one microcomputer that, once hooked up to a keyboard and monitor, didn't require extra circuitry to display text, it was a giant step forward over the competition. It came as a kit and sold for $666 (not for satanic reasons, but because Wozniak apparently preferred repeating digits). More than 200 units were sold by the Byte Shop, an early computer store. In 1999, the...
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...Standards and expectations for leaders in many organizations are different for women than men. Why does it seem so difficult for women to advance to high-level leadership positions and have the same opportunities as men? Why is it so uncommon for a woman to be CEO? Are women compensated equally for doing the same job as their male counterparts? If a woman is older than 40 does she have as many opportunities as men the same age? Is there still gender discrimination occurring in the workplace? These are all questions to ponder, even now in the year 2011. There is much information available on women leaders and the impact they are having on the top ‘Fortune’ 1000 companies. The information is varied and there are some mixed messages about whether women are treated equal to their male counterparts and making progress. It does seem that diversity in the workplace is becoming more the norm and creating a shift to allow women more opportunities to develop their leadership skills and to compete for higher-level positions. Historically male dominated industries such as Engineering and Information Technology seem to be seeing more women managers. I believe that corporations that have diversity have more innovation and are more efficient as a result, so they should be more profitable. One of the top leading non-profit organizations is Catalyst, it was established in 1962 by Felice Schwartz to promote diversity and inclusion for women in the workplace (Wikipedia). According to the...
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...Wal-Mart MKTG305-06 Marketing Management Abstract Wal-Mart is a Fortune 500 international country with 5,651 stores in 26 countries. Wal-Mart is located in different countries, possibly under a different name. This paper will discuss the four Ps of marketing and any differences observed in making this company international. Wal-Mart Wal-Mart is a Fortune 500 international business. Wal-Mart employs 780,000 associates in 5,651 stores in 26 countries. The main corporate office of Wal-Mart is in Bentonville, Arkansas. Wal-Mart first opened in Rogers, Ark in 1962. The idea of discount retailing was not new, but Sam Walton, the founder, wanted a new type of store. To only name four countries in which Wal-Mart stores can be found Argentina, Honduras, South Africa, and Swaziland, but they may be seen under a different name in each country. In Argentina, Wal-Mart may be known as Changomas. In Honduras, Wal-Mart may be seen as Centroamérica. In South Africa, Wal-Mart may be seen as Massmart. In Swaziland, Wal-Mart may be seen as Massmart (Wal-Mart, 2012). The Four P Components of the Marketing Mix were Product, Place, Promotion, and Price. The product is the items or services the company sales. The place is the location of the company. The promotion is the ads used to sale the products or service to the customers. The price is the amount of money that the customers are willing to pay for the product or service while the company can still make money. The Evolution...
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...“THE FORTUNE 500” The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies incur. The list includes publicly and privately held companies for which revenues are publicly available. The first Fortune 500 list was published in 1955. 1) Walmart, is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. The company is the world's third largest public corporation, according to the Fortune Global 500 list in 2012, the biggest private employer in the world with over two million employees, and is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family, who own a 48 percent stake in Walmart. It is also one of the world's most valuable companies. Headquarters: Bentonville, Ark. Revenue: $469.2 billion Profit: $16.9 billion 2013 rank: 1 Wal-Mart and ExxonMobil have traded the top spot back and forth several times, but the world’s largest retailer comes out on top this time despite a year rife with controversy: It faces accusation that its Mexican subsidiary bribed government officials in order to expand locations there, and the probe has since expanded to Brazil, India, and China. Nevertheless, the retailer operates a multinational empire, with 10...
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...3-2 Careers in IT Journal: Salary Position: Information Technology (IT) Project Manager According to the Bureau of Labor and Statistics website (newsletter) they do not keep specific information on project manager’s earnings. However, what they do indicate is that project managers salaries are based on the level of education and experience and can differ based on their regional locations. (DeVincenzo, 2006) I would suspect that a survey conducted by the Project Management Institute (PMI) in 2006, would hold true for most jobs nationally. They found that experience is a determining factor regarding salaries and most entry level positions provided a lower earning scale for the full time project managers which gave a median annual salary of $96,000, including salary and bonuses. As a nationwide median and not specific to my location it still indicates that at least 50% make more than $96,000 and the other 50% make less. (DeVincenzo, 2006) Further research regarding IT Project Managers seems to reveal some question regarding earnings and certification, do IT Project Manager need additional education and certification in order to make more money and leapfrog to higher paying positions? According to a study done by CIO.com they believe certifications is the only way an IT PM will first, get hired and second, be considered for the higher salary ranges. The survey found that more and more CIO’s believe that certifications are important and valuable for a project manager...
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...Karen Olsson’s Up Against Wal-Mart: Advocacy for the People Karen Olsson the author of an essay called Up Against Wal-Mart where Olsson posits the employees of Wal-Mart are quite literally “up against Wal-Mart”. Olsson goes on further to provide authoritative evidence to Wal-Mart's questionable practices in regards to the treatment of its employees. More specifically Olsson goes on to point out the success that Wal-Mart has achieved; the questionable practices involved in preventing employees from unionizing; and lastly the quality of life of the underpaid and overworked employees of Wal-Mart. According to Olsson Wal-Mart’s growth from a single retail store in 1962 to 3,372 stores as of 2006; is owed to the visionary and founder of Wal-Mart, Sam Walton (608,611.) To better understand the mentality of Wal-Mart in its current state of questionable staffing and pay you first have to understand how this company originated. As Olsson explains it Walton who constantly looked for ways to maximize profit and minimize expenses based his business on a fairly simple yet successful business model. That model being one in which high sales volume at lower prices generates greater profit margins. Walton’s frugality extended beyond just the selling of goods and making profit. He looked for ways to keep overhead down, payroll down, and even the personal indulgences a CEO of company might typically have. Olsson paints this very image of Walton: “The company grew, in no small part, by . . ....
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...of the two stocks I strongly believe that FIT will underperform the S&P 500 and CBG will outperform the S&P 500. I believe that CBG will outperform the S&P 500 in the coming fiscal year based on the firm’s strong background, prior history, and comparative advantage. I believe that FIT will underperform the S&P 500 in the coming fiscal year due to its recent stock decline, lack of innovation, and the credibility of its well-known competitors. CB Richard Ellis Group Inc., or simply CBRE, is a worldwide real estate services & investment firm that serves real estate owners, investors, and occupiers throughout the world. In short, CBRE offers strategic and execution advice for a multitude of real estate properties and investments. According to CBRE’s website, “CBRE consists of 70,000 professionals whom provide outcomes for clients in 60+ countries”, based off this information it is clear that CBRE is an enormous firm that is continually expanding and improving. According to CBRE’s official website it had substantial revenues of around $10.9 billion. Based on the company’s recent history it’s quite evident that CBRE is one of the most dominant firms in its field for numerous reasons. For one, its size, CBRE Group, Inc. is the world’s largest commercial and real estate services and investment firms. Not only is this firms size quite impressive but its history is as well. CBRE has been a part of the fortune 500 since 2008 and for the past 15 consecutive years has been voted industry’s...
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...Sexism in the American Workplace Coleman Kramer Soci 217 Section 002 Professor Babchuck April 21, 2014 Introduction The passing of the 19th Amendment is one of the most important pieces of legislation passed for the woman’s right movement as it guaranteed women the right to vote. In many people’s minds, this meant that men and women were considered equal because it gave women a voice that was previously unheard. While this was a monumental leap in creating gender equality, it did very little to eliminate sexism in America. Great stride shave been made in the last century to give woman the same opportunity’s as men, I will argue that we still live in a country that discriminates on the basis of ones gender. One of the most common offenders of sexism is the American workplace. The Mad Men era of ass grabbing and over the top sexual harassment may be over, but sexism in the workplace is still very much alive. There is an enormous lack of females in high-level management positions, a wage gap that shows women make less then men in comparable jobs, and women are more often then not subjected to more cases of sexual harassment. In a country that prides itself for its belief that everyone is equal, the facts about sexism tell a completely different story. The Facts One of the most unknown problems in regards to sexism in the workplace has to do with the gap between how much women earn compared to men. Women make up just fewer than 50 percent of the labor force in the...
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...Organizational Planning Mario S Surla MGT/521 April 9, 2014 Donald Ratliff Organizational Planning Wal-Mart is an American multinational retail corporation and the top retail store with the lowest prices in the world. It is the biggest private employer and the largest public corporation with over two million employees worldwide. There are approximately 245 million customers and members that visit Wal-Mart each week, globally. It has stores in 27 countries and sales in 2013 were $466 billion. Wal-Mart’s mission statement of having the lowest prices is consistent with controlling cost, innovation and continuous improvement (Fortune 500, 2014). One of the strategic plans of Wal-Mart is to bring back “Made in America” products (“Time”, 2014). One of the reasons for having low prices is because Wal-Mart’s global out-sourcing. Goods and products that are made and bought overseas are cheaper. However, higher and increasing shipping costs, high global oil prices and wages overseas, translated to costlier fuel for ships and airplanes. There are also supply interruptions overseas as the middle class is growing and local demands are increasing in developing countries. This prompted Wal-Mart to re-evaluate its sourcing ways on variety of products. As you know, Wal-Mart does not produce goods or products but this giant retailer is playing a part in the manufacturing rebound in the U.S. It promised to buy $50 billion of U.S. goods over the next 10 years...
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...University of Melbourne's management and marketing faculty describes Jobs as “one of the greatest business strategists of all times”. “There are a lot of people out there claiming to be futurists,” Dr Coker said. “Most of them are keynote speakers or public speakers - it is rare to have a futurist that demonstrated his ability to almost predict the future in a real live business setting.” But Jobs's rise to the top was hardly textbook perfect. A university dropout, he worked at Atari and travelled through India before seeing a commercial opportunity in the computer (the original Apple I) Wozniak had built to impress some friends. They started the company with an investment of $US1300 of their own money, making it into the Fortune 500 list by 1983. That year Jobs recruited former Pepsi executive John Sculley to take the chief executive position, only to be stripped of all his power by him in 1985. According to author Steven Levy, this was prompted by the Macintosh computer not selling as well as expected, as well as Jobs's demanding management style. As Harry McCracken writes in Time...
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...The Market Company’s Market Angie’s List is located in all 50 states in the United States and several markets in Canada. Though they are located in every state but they are not in every market within those states. Many states are missing some key markets but that would be a potential growth opportunity for them in the near future. Even in the current markets, Angie’s List can still improve their overall market share. Though there is not a true competitor to Angie’s List, there is still market penetration within its current markets. With its current market base of 600,000 paying customers, there is still ample room of growth both within its current markets and any new markets. Potential Market When meeting with Angie’s List, they were able to help us define what the typical customer’s characteristics are. After looking through their website, you are able to see those characteristics through some of their marketing plans. A typical customer at Angie’s List is a homeowner, well-educated, has children and earns more than $100k in income. Those four main characteristics are very important for the growth at Angie’s List. With the company offering so many different types of services, the most frequent type of service would be those found around the household. A couple of different examples would include home contractors for home additions, lawn services, painters, and the list goes on and on. Many homeowner’s like to see personal reviews from other homeowner’s that have had both...
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...Activities of Value Chain in Wal-Mart Wal-Mart is one of the leading Fortune 500 companies, which is spread across the globe. It is perhaps the largest retail chain which deals with everything from food to consumer electronics. In terms of the revenue generated, it leads the fortune 500 companies like GE and Microsoft. Simply put, it has everything a homemaker can ever think of. Affordable price range coupled with aggressive online and market strategy has led to wide acceptance for Wal-Mart in towns and cities alike. Wal-Mart is probably the only largest fortune 500 corporations in the world, which directly services the common man. The major point is that all of these activities have to be in sync in order for the value chain to operate effectively. The support activities is not bound to any of the primary activities, but is supposed to serve them, the first step in analyze of intern resources is to identify how the company’s different activities makes the foundation for its competition strategy. Supportive Activities: 1. Firm Infrastructure: There are 2485 Wal-Mart stores all over the world. This includes 682 Supercentres, 457 Sam’s Clubs, 5 Wal-Mart Neighbourhood Markets and 1007 units of Wal-Mart International. Wal-Mart serves over 100 million customers weekly worldwide. There are 1035000 associates, and the company is America’s largest private employer. Wal-Mart is run from a national headquarter. The headquarter takes care of orders, and every local store has to report...
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